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Closing Bell: Micron/Sandisk Gain, Veradermics Surges, Disney Falls
Description
Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
Listen for comprehensive cross-platform coverage of the US market close as heard on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Greifeld, Carol Massar and Tim Stenovec.
- Micron Technology (MU) and Sandisk (SNDK) are both being started with buy ratings at Melius Research, which sees strong long-term tailwinds for the companies due to AI. The firm has a two-year price target of $1,350 for Sandisk, and a $700 target on Micron. MU gains 3.4%, SNDK is up +2.5%
- Veradermics (MANE) shares jump as much as 44% to hit its highest level since its February IPO, after the drug developer said its experimental oral therapy for male pattern hair loss met all primary and key secondary endpoints
- Walt Disney (DIS) shares fall as much as 0.4%, erasing an earlier gain, after President Donald Trump said the company should fire Jimmy Kimmel.
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